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20121201
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
. >> susie: the threat of the fiscal cliff was a big topic at an investor conference in new york today hosted by johnson controls. this wisconsin-based industrial conglomerate is a leading provider of products to make buildings energy efficient, and it's also the world's largest maker of car batteries and automotive seats. c.e.o. stephen roell told me he's worried that uncertainty about the fiscal cliff could hurt consumer confidence, and his business. >> we don't do that. as the consumer, i products to costumers like the big three, that in turn sell to the autowa industry. my biggest concern is how it will affect the psychology of the consumer. i've been surprised, susie, that people continue to buy autobiles. thatouldar is change dramatically. >> sue:e steve, to what extent are the ups and downs impacting your business day to day. >> i think people are holding back on making captain investments. i see that particularly in the building side. from my standpoint, i continue to invest around the world. i'll invest make sure i'm buying the strategies we laid up for the next three years. the qu
, exactly. so to you let's go to the defense of marriage act case. and this came out of new york. first of all explain how the defense of marriage act worked and how did this one case involving an 83-year-old woman in edie wind sore-- windsor raise the issue. >> well, the challenge here is to a provision in the defense of marriage act, section 3. and that defines for all federal purposes marriage is between one man and one womanment and by doing that it affects more than a thousand federal laws, everything from tax laws to social security and health and welfare benefits. the defense of marriage act was challenged by edie windsor from new york. she had a partner for over 40 years. they were married in 2007 in canada, a new york recognized their marriage when miss windsor's partner, her spouse died. her spouse left her entire estate to edie windsor. because of the defense of marriage act edie windsor was left with almost a 400,000 dollar federal estate tax that someone who was the spouse of an opposite sex coup weill not have had to pay. so their defense of marriage act can being challeng
, new york. >> susie: don't let the fiscal cliff scare you away from buying stocks. that's the advice to investors from andy cross, the chief investment officer at the motley fool. tom hudson recently spoke with him, and began by asking if the s&p 500 will be higher or lower this time next year. >> that's a tough question. i'm not in the job of picking the stocks over, you know, three, six, nine, even 12 months is tough for me. here's what i do think. i do think we'll get some resolution to the fiscal cliff, whether it's right now or whether it's soon after the new year, i think we will see some kind of resolution. that will be good for markets, good for business, good for investors. so i'm going into 2013 wanting to be long some really good high quality companies that i know can accrue returns for investors over time. and i don't want to think with the next few months. >> tom: let's focus on the next year ahead. what about volatility, do you think you'll need an iron stomach to be a stock investor? >> i think investing in stocks, in equities comes volatility. we're not buying bonds h
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Search Results 0 to 7 of about 8 (some duplicates have been removed)